FREE FOREX STRATEGIES

Forex trading strategy #1 (Fast moving averages crossover)


Trading systems based on fast moving averages are quite easy to follow. Let's take a look at this simple system.
Currency pairs: ANY
Time frame chart: 1 hour or 15 minute chart.
Indicators: 10 EMA, 25 EMA, 50 EMA.


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Hi. I have a custom indicate but want to incorporate in that indicator that the 10 ema must be above the 25 ema. How do I represent this is MetaEditor?

Thank you, Jim.
I wish you all the best in your trading, I will be glad to see you among our regular visitors.

Best regards,
Edward

I have been trading Forex of over a year and stumbling along as I seek a strategy that fits my taste. I stumble across your website and I have been completely amazed with all of the valuable trading options. I will be a regular visitor as I use this information to help me form my own trading strategy. Thanks so much for your site.

From a grateful heart
Jim

Hi Ryan,

Thank you for your feedback.

SMA - simple moving average - simply calculates Price average value for the cartain period of time. For, example, 5 period SMA would sum the values for the last 5 days and divide them by 5.

The formula for EMA is more complex.
EMA - Exponential moving average - puts an emphasis onto the most recent prices, where today's price will have more weight than previous days' prices. This makes EMA more sensitive to recent price changes comparing to SMA.

EMA reacts quicker to the most recent price moves, while SMA lags more; however, with SMA you have a smoother indicator readings, while with EMA there is a lot of sharp turns and pullbacks.

Regards,
Edward

What is the difference between SMA and EMA? I am testing 10,20,50 SMA on a 4 Hr chart. The set up works great for AUD\USD, NZD\USD, and GBP\JPY pairs with MACD as a second indicator. I gained 200 pips on all three of them, but could have gained more if it weren't for my Limits.

Thanks,
Ryan

hello all member
i have an estrategy in the trading didnt atatach with any indicatore its too easy and the same time is very dangerous for all the market maker in this world the way mean you will not ever or impossiple to loose it make daily over 2000$ and or more up to u
i want to share this invention with aserious please..
[email protected]

Thank you, Thulfaqar A Ayyad. I'm glad you liked it.

Hi Tom,

Trading the bounce of 10 EMA leaves you with higher risks. Therefore, if you chose to trade it, the safest way to exit would be when price approaches an earlier top/bottom made before retreating to 10 EMA.

If you use additional indicators which could assure you that there is more to a trend left, you can let it run as long as it can and exit with the rules described in the original strategy.

Regards,
Edward

P.S. I'm not using EAs, here is the one you may check out, not sure if it follows the same rules though: 3_MA_Cross_w_Alert.mq4

hi Edward,

Thanks for a great site; using your triple EMA strategy is great if you are there at the cross; How do you trade a continuation after its crossed ? for example do you buy if it bounces off the 10 EMA again ?

Tom

Hi Edward,
I must say that your web site is an amazing for those beginners, I use your simple strategy with MACD and it works just amazing I use MACD for two things:
1- Confirmation.
2- To let my profits rolling till the trend gets weaker and I quit.
Keep up the great job Man
Regards
- Thulfaqar A Ayyad

Does anyone know a script in Metatrader 4 which can do this ?

thank u very much for your site I will be one of the regular visitors
best regards

You are welcome.
I don't use robots.

Regards,
Edward

THANKS FOR THE IDEAS, PLS I WOULD LIKE TO KNOW IF YOU USE ROBOT, AND WHAT IS THE XPERIENCE

Dear friends,

thank you for your wonderful comments, strategies and feedback!
I'm also very glad to be able to share my knowledge with you.

Regarding ranging+trending stategies, on the quick look these would be

1. http://forex-strategies-revealed.com/advanced/trendlines-breakout

2. http://forex-strategies-revealed.com/teodosi-simple-system

3. http://forex-strategies-revealed.com/scalping/1minute-pivot-point-scalpi...

You can find even more among the strategies contributed by our readers. I haven't had a chance to trade them all to be able to name more.

Kind regards,
Edward

Dear Edward -
I am quite very grateful for all the great work you are doing to ensure that a new trader get acquainted with the necessary trading tools or kits so as to be fully equipped...May God in His infinite mercy grant you more success. my question is: is their any strategy that works fine for both ranging and trending market that one can used and go to attend to some other things?

I will be glad getting response soonest.


 

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